An amount of 3500 is deposited in an account earning 2


An amount of $3,500 is deposited in an account earning 2% interest per year, compounded continuously. (A) How much is in the account after 4 years? Round to the nearest cent. (B) In how many years will the account reach $4,000? Round to the nearest 0.01 year.

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Financial Management: An amount of 3500 is deposited in an account earning 2
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